Subject: Re: book recommendation
Well, that's the goal all the time, isn't it? If you _accurately_ know the intrinsic value of stocks you don't need to play these games. You can just buy the stock(s) that are priced too cheaply.

But that's the whole thing. It is *impossible* to know the intrinsic value of stocks. If it was, all the big guns at Blackrock & Goldman would buy them and there'd be nothing left for us.

Says a person (me) who didn't buy BRK at $2000 a share, since it was obviously overvalued.

I spent a lot of effort studying it, and I can get a range, but not an exact number.